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Name the parties in an
agency relationship.
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What does fiduciary mean?
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List the fiduciary duties and describe
each of them.
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Describe a Principal's liability for the
following acts of the Agent:
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What is the Doctrine of
Respondeat Superior & how does is it apply to the law of agency?
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Using the following
chart and the information you learned from the book and the assignment
fill in the list below as it relates to each of the following forms of
Business Organization. |
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Sole Proprietorship |
| 1. |
Creation |
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| 2. |
Operation |
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| 3. |
Taxation |
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| 4. |
Liability |
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| 5. |
Termination |
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Partnership |
| 1. |
Creation |
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| 2. |
Operation |
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| 3. |
Taxation |
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| 4. |
Liability |
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| 5. |
Termination |
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Corporations |
| 1. |
Creation |
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| 2. |
Operation |
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| 3. |
Taxation |
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| 4. |
Liability |
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| 5. |
Termination |
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Limited
Liability Organization |
| 1. |
Creation |
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| 2. |
Operation |
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| 3. |
Taxation |
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| 4. |
Liability |
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| 5. |
Termination |
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